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Authum Investment & Infrastructure informs about outcome of meeting of securities allotment and redemption committee

07 Feb 2024 Evaluate
In terms of the provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Authum Investment & Infrastructure has informed that the Securities Allotment and Redemption Committee of the Company at its meeting held on 7th February, 2024 have considered and approved redemption of 1,84,62,000 7% Non-Cumulative Non-Convertible Redeemable Preference Shares of face value Rs 10 (earlier issued at Rs 50 each including a premium of Rs 40 each) at a price of Rs 65 each including a premium of Rs 55 each aggregating Rs 120,00,30,000. Details of redemption of 7% Non-Cumulative Non-Convertible Redeemable Preference Shares is provided in Annexure A.

The above information is a part of company’s filings submitted to BSE.

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